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Brodrene A & O Johansen A/S (OCSE:AOJ B) E10 : kr8.48 (As of Mar. 2024)


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What is Brodrene A & O Johansen A/S E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Brodrene A & O Johansen A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was kr1.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr8.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Brodrene A & O Johansen A/S's average E10 Growth Rate was 5.90% per year. During the past 3 years, the average E10 Growth Rate was 16.30% per year. During the past 5 years, the average E10 Growth Rate was 1.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Brodrene A & O Johansen A/S was 19.10% per year. The lowest was -54.80% per year. And the median was 0.00% per year.

As of today (2024-06-13), Brodrene A & O Johansen A/S's current stock price is kr74.50. Brodrene A & O Johansen A/S's E10 for the quarter that ended in Mar. 2024 was kr8.48. Brodrene A & O Johansen A/S's Shiller PE Ratio of today is 8.79.

During the past 13 years, the highest Shiller PE Ratio of Brodrene A & O Johansen A/S was 29.13. The lowest was 0.48. And the median was 9.31.


Brodrene A & O Johansen A/S E10 Historical Data

The historical data trend for Brodrene A & O Johansen A/S's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brodrene A & O Johansen A/S E10 Chart

Brodrene A & O Johansen A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.58 5.28 6.30 7.73 8.31

Brodrene A & O Johansen A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.01 8.05 8.26 8.31 8.48

Competitive Comparison of Brodrene A & O Johansen A/S's E10

For the Industrial Distribution subindustry, Brodrene A & O Johansen A/S's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brodrene A & O Johansen A/S's Shiller PE Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Brodrene A & O Johansen A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Brodrene A & O Johansen A/S's Shiller PE Ratio falls into.



Brodrene A & O Johansen A/S E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Brodrene A & O Johansen A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1/118.4000*118.4000
=1.000

Current CPI (Mar. 2024) = 118.4000.

Brodrene A & O Johansen A/S Quarterly Data

per share eps CPI Adj_EPS
201312 0.660 99.000 0.789
201403 0.240 99.600 0.285
201406 0.260 99.700 0.309
201409 0.470 99.700 0.558
201412 0.490 99.400 0.584
201503 0.340 100.200 0.402
201506 0.340 100.300 0.401
201509 0.510 100.200 0.603
201512 0.560 99.800 0.664
201606 4.400 100.600 5.179
201612 16.000 100.300 18.887
201703 1.100 101.200 1.287
201706 0.900 101.200 1.053
201709 1.000 101.800 1.163
201712 1.300 101.300 1.519
201803 0.900 101.700 1.048
201806 1.100 102.300 1.273
201809 3.100 102.400 3.584
201812 1.609 102.100 1.866
201903 1.200 102.900 1.381
201906 1.100 102.900 1.266
201909 1.100 102.900 1.266
201912 1.400 102.900 1.611
202003 1.400 103.300 1.605
202006 1.600 103.200 1.836
202009 1.500 103.500 1.716
202012 2.000 103.400 2.290
202103 2.400 104.300 2.724
202106 2.300 105.000 2.594
202109 2.200 105.800 2.462
202112 2.400 106.600 2.666
202203 2.500 109.900 2.693
202206 2.600 113.600 2.710
202209 2.600 116.400 2.645
202212 3.100 115.900 3.167
202303 2.400 117.300 2.423
202306 1.700 116.400 1.729
202309 1.800 117.400 1.815
202312 1.700 116.700 1.725
202403 1.000 118.400 1.000

Add all the adjusted EPS together and divide 10 will get our e10.


Brodrene A & O Johansen A/S  (OCSE:AOJ B) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Brodrene A & O Johansen A/S's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=74.50/8.48
=8.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Brodrene A & O Johansen A/S was 29.13. The lowest was 0.48. And the median was 9.31.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Brodrene A & O Johansen A/S E10 Related Terms

Thank you for viewing the detailed overview of Brodrene A & O Johansen A/S's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Brodrene A & O Johansen A/S (OCSE:AOJ B) Business Description

Traded in Other Exchanges
Address
Rorvang 3, Albertslund, DNK, 2620
Brodrene A & O Johansen A/S is a distributor of industrial products in Denmark. It provides technical installation materials and supplies to the construction industry in Denmark. Its products include heating plumbing and sanitary ware products, electrical equipment and components, water supply and drainage products. Its clients comprise of plumbers, electricians, building contractors, sewer contractors, construction companies, municipalities, utilities and public institutions. The company follows three sales channels, which are AO Stores, which cater to the local market; Online trading, which offers products through its website and mobile application and competency centers where customers may place orders and get advice and direction as well as offers over the phone.

Brodrene A & O Johansen A/S (OCSE:AOJ B) Headlines

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